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Infosys Considering Permanent Work From Home For 30% Or More Employees 

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Infosys Considering Permanent Work From Home For 30% Or More Employees 

In what could be considered as a game changing move if it becomes a reality, Infosys is considering the idea to permanently let about one third of its employees to work from home.  Infosys is considered as one of the leading companies in the software and Information Technology (IT) sector in India, as well as the world.  This Indian IT giant is always at the forefront of innovation and setting new market trends for others to follow.

Many companies and organizations across the globe and India have been forced to shift to a remote working model due to the COVID-19 pandemic.  The decision to work remotely is because the virus is highly contagious and can spread very quickly.  Infosys might become one of the first companies to consider a plan for transitioning a large part of its employees into remote work, permanently.  

In an interview with a popular business news daily, Infosys’s Head of Human Resources and Executive Vice President, Richard Lobo said “Once things are normal, over a period of time, probably 50 per cent of employees will come to office and the rest will work from home.   Moving on, 66 per cent will be in office but 33 per cent will work permanently from home (sic.)”  This translates to roughly 80,000 employees out of its total workforce  of 2,42,371 employees.  As offices are opening up gradually, Infosys has currently about 5 percent of its workforce going to offices in India while the rest are working from home.  Commenting on the plan of action for the next few months Lobo said “we can’t predict the course of the pandemic but if it is following the path that it is, for most countries and if everything goes well, a third of total employees will come back to office (sic.)”

However, Infosys is not the only company mulling over transitioning into permanent work from home model.  Another Indian IT giant, Tata Consultancy Services (TCS) announced a whopping 75% of its 4,48,000 employees globally would be working from home by 2025.  

Let us know if you think the work from home model will be adapted by various other companies in the future post COVID-19!

 

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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